Bank of America Chief Investment Strategist Michael Hartnett doesn’t believe it’s the start of a ‘brand, new shiny bull market’ but that stocks are headed for ‘big rally before big collapse.’
June 12: The UFO whistleblower speaks. I-95 lanes partially collapse in Philadelphia. NewsNation Now
Part of Interstate-95 overpass in Philadelphia collapses after tanker fire. No word on injuries as fire crews work to extinguish the blaze.
First Republic Bank’s collapse was part-triggered by its offer of attractive ‘jumbo mortgages’ to wealthy clients whose loans were interest-only for up to a decade.